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IN HB1363
Bill
Status
1/14/2019
Primary Sponsor
Alan Morrison
Click for details
AI Summary
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Authorizes sports wagering on professional and collegiate athletic events at riverboats, racinos, and satellite facilities beginning January 1, 2020, with the Indiana Gaming Commission accepting applications starting October 1, 2019
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Imposes a 6.25% wagering tax on adjusted gross receipts from in-person sports wagers, with revenue deposited in the state general fund and $100,000 annually transferred to the Division of Mental Health and Addiction for compulsive gambling programs
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Requires certificate holders to pay a $75,000 initial fee per licensed facility and a $10,000 annual administrative fee to conduct sports wagering
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Prohibits wagering on high school and amateur youth sporting events, and requires patrons to be at least 21 years old to place wagers
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Permits mobile device wagering for registered patrons and establishes integrity requirements including background checks, prohibition on insider betting, and mandatory reporting of suspicious wagering activity to the commission and relevant sports governing bodies
Legislative Description
Wagering on sports. Authorizes sports wagering at riverboats, racinos, and satellite facilities. Provides for the administration, conduct, and taxation of sports wagering. Imposes initial and annual fees on a licensed owner, operating agent, or permit holder conducting sports wagering.
Last Action
First reading: referred to Committee on Public Policy
1/14/2019